About FBFRX
Franklin Managed Income Fund Class R6 is a mutual fund focused on delivering a balance of income and capital appreciation through a diversified portfolio. Its primary objective is to maximize income to support consistent monthly distributions while maintaining long-term growth potential. The fund invests in a blend of dividend-paying stocks and various debt securities, maintaining at least 25% of assets in fixed income instruments. Notable sector exposures include government securities, energy, healthcare, consumer cyclical, technology, and financial services, with holdings such as U.S. Treasury bonds, Chevron, Johnson & Johnson, and Morgan Stanley. The fund exhibits a moderate allocation style, combining large-cap value equities with a significant presence in fixed income, resulting in medium credit quality and interest rate sensitivity. Designed for retirement and institutional investors, the Class R6 share class features a competitive expense ratio and is managed to prioritize both regular income and the opportunity for capital appreciation within a prudent risk framework.
Fund Family Franklin Templeton Investments
Category Allocation--30% to 50% Equity
Performance Rating Above Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol FBFRX
Share Class Class R6
Index Index is not available on Lipper Database
FBFRX had a total return of 15.75% in the past year, including dividends.
Since the fund's inception, the average annual return has been 6.65%.
